Surgical Lamps Market expected to reach US$ 728,915.2 thousand by 2020
Surgical lamps, for example, are an important part of many surgeries and invasive medical procedures performed in hospitals. Surgical lamps provide lighting that aids surgeons' medical analysis in dental surgery, neurosurgery, optical surgery, and endoscopic surgery by allowing them to see small cavities and low-contrast items within the body. Since 2014, when the market was valued at US$ 554,938.8 thousand, the global surgical lamps market is expected to reach US$ 728,915.2 thousand by 2020, representing a 4.6 percent CAGR.
Surgical lamps, for example, are an important part of many surgeries and invasive medical procedures performed in hospitals. Surgical lamps provide lighting that aids surgeons' medical analysis in dental surgery, neurosurgery, optical surgery, and endoscopic surgery by allowing them to see small cavities and low-contrast items within the body. Since 2014, when the market was valued at US$ 554,938.8 thousand, the global surgical lamps market is expected to reach US$ 728,915.2 thousand by 2020, representing a 4.6 percent CAGR. Nonetheless, the radiation or heat emitted by such lamps has long been a source of concern for manufacturers. The high expense of CFLs and LEDs, as well as the risks associated with their long-term use, are stifling product adoption among surgical lamp users.
The four major regions studied in the global market for surgical lamps are Asia, Europe, North America, and the Rest of the World (RoW). Due to favourable government initiatives, Europe continues to be a lucrative market, while Asian countries are anticipated to stimulate the manufacture of cost-effective yet modern surgical lamps. The global market for surgical lighting is dominated by North America in particular. The growing number of surgeries in the United States has fueled North America's global position in the surgical lamp market. While Asia is expected to develop at the highest rate, North America remains the largest regional market, with US$ 234,241 thousand in 2014. The surgical lamps market in North America is expected to reach US$310,125.8 thousand by the end of 2020, representing a CAGR of 4.8 percent.
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